Description

46,260$ effective revenues from July 1st!! Well located and always well rented, this 4plex is at walking distance from Cadillac Station. Main apartment: 2-bed, 2-bath. One big loft and two 1-bedroom apartments. Washer and dryer in each unit. This is one of the rare cashflow-positive properties on the market. Don't miss your chance!

Addendum

APARTMENT DESCRIPTION:

6010-#1: 2 bedrooms, 2 full bathrooms, split two floors (main floor + basement). Rented $1350/month

6010-#2: Big loft on the main floor, rented $1050/month

6008-#1: 1 bedroom, 1 bathroom, huge rooftop terrace. Long standing (and smoking) tenant. Rented $690/month

6008-#2: 1 bedroom, 1 bathroom on 2nd floor with front-facing windows. Smoking tenant. Rented $765/month

Independant electricity and meters for each unit. No inclusions in any lease, except for the water heater rental fee (Hydro-Solution).

The previously commercial space on the main floor was converted into 2 new residential apartments at the beginning of the 2000s.

Huge storage space in the basement, full height, offering the possibility to create lockers, add a new rentable space or even enlarge one of the apartments.

2017 pre-purchase inspection report available on demand.

NB. The inhabitable square footage was obtained from the City of Montreal's taxation roll. The actual square footage, including the finished part of the basement, is around 4050 s.f.

Sale without legal warranty of quality, at the buyer's risk

Description sheet

Features

Potential Gross Revenue

Assessment, Taxes and Expenses